More documents from Garcia-del-Barrio, Pedro; Gil-Alana, Luis Alberiko
More documents from Applied Economics
Export to your Reference Manger
Please Copy & Paste
Bibtex-Export
Endnote-Export
New revelations about unemployment persistence in Spain : time series and panel data approaches using regional data
[journal article]
Garcia-del-Barrio, Pedro; Gil-Alana, Luis Alberiko
Download full text
(893 KByte)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:http://nbn-resolving.de/urn:nbn:de:0168-ssoar-241192
Further Details
| Abstract | This paper aims to re-examine the persistence of unemployment in Spain. For this purpose, we use time series and cross-section analysis. From a time series viewpoint we disaggregate unemployment by regions, and use unit root tests, AR coefficients and fractional differencing parameters as indicators of persistence. For the cross-section approach, we first estimate mean regressions of regional unemployment rates. Then, using a panel of 114 periods and 50 provinces, we estimate pooled, fixed and random effects models. Finally, following some recent developments, we implement several panel data unit root tests. Previous studies had already shown the strong persistence of Spanish unemployment. Our disaggregated analysis extends that finding to reveal that the persistence is greater in the most industrialised regions. The results also suggest that a structural break took place in 1994, implying a decline in the unemployment persistence since then. |
| Classification | Labor Market Research |
| Free Keywords | unemployment persistence; regional unemployment |
| Publication Year | 2009 |
| Page/Pages | p. 219-236 |
| Journal | Applied Economics, 41 (2009) 2 |
| DOI | http://dx.doi.org/10.1080/00036840600994237 |
| Status | Postprint; reviewed |
| Licence | PEER Licence Agreement (applicable only to documents from PEER project) |
| Document Type | journal article |
